Terrific article by noted author Ilyce Glink. When a parent has the resources, one of the best investments they can make is to buy a home that their college student child can live in. Many of our clients have purchased homes their kids lived in while in college and either sold the home after the graduate moved on or, more often, kept the home and continued as a landlord. San Diego is such a premier area appreciation is typically much higher than other locations.
San Diego, known as an education hub, has many great colleges. If your child attends (or will be) any of these schools call, us at (800) 928-1672 to assist with your real estate needs; University of California San Diego UCSD, San Diego State University SDSU, University of San Diego USD, Point Loma Nazarene, San Diego City College, San Diego Mesa College, Thomas Jefferson School of Law, Western Sierra Law School or California Western School of Law. We will be happy to help you explore the possibility of purchasing a home in America's Finest City!
It's only January, but for many families that means college planning is in full swing. Whether your child is headed to college next fall or a junior in high school deciding on which college to attend, it's time to start planning for the future. Considering the cost of tution and housing, some parents are looking into purchasing college town real estate.
One of the biggest expenses associated with college is housing. According to scholarships.com, the average cost of room and board fees at a four-year college or university runs nearly $10,000 per year. That number could be even higher, depending on the school and location. Given the comparatively low cost of buying a home, more "parent investors" are purchasing second homes for their students to live in while in school.
Some parents require their children to pay rent in order to cover the mortgage, others consider it an investment for themselves. Some investors even purchase the homes long before their own children go to college, renting them out to other students in the interim and letting the rent cover the expenses.
Whatever the case may be, if you have the means, buying some college town real estate might be the right move for you.
Find out where buying college town real estate makes sense - and where it doesn't pay - on my CBS MoneyWatch blog.
Ilyce Glink is the author of several books, including 100 Questions Every First-Time Home Buyer Should Ask and Buy, Close, Move In!. She blogs about money and real estate at ThinkGlink.com, The Equifax Personal Finance Blogand CBS Moneywatch She is Chief Content Strategist at RealtyJoin.com, a community for real estate investors.
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It's only January, but for many families that means college planning is in full swing. Whether your child is headed to college next fall or a junior in high school deciding on which college to attend, it's time to start planning for the future. Considering the cost of tution and housing, some parents are looking into purchasing 




Drainage, therefore, is significant. The the single-most reason walls will eventually fail.

It is probably a good idea for someone who wants to sell, to list their home now, rather than waiting till Spring when inventories tend to really expand. 

They both have the same record this year, 7 wins, 5 losses. Cal is in the Pac 12 and Texas is in the Big 12. On paper, it should be an even game. Personally, I am rooting for the Cal Golden Bears. I didn't go to school there, my alma mata doesn't even have a football team anymore, but years (many) ago I did date a Cal football player and went to a lot of games and parties in Berkeley. Both Austin and Berkeley are beautiful cities with a lot going for them. Both universities are highly accredited and both have rabid fans. The fans have really been enjoying San Diego this week. Our weather has been picture perfect and I have run across fans from both schools downtown San Diego, Coronado and La Jolla. I'm sure many are soaking up the sun and ambiance at Pacific/Mission Beach too.
a photo of Betty Boop, a huge fan fave!
